The planned corporation tax rise from 19 per cent to 25 per cent would raise £17-20bn for the UK’s battered economy if it goes ahead, according to estimates.
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What does Nadhim Zahawi mean for small business?
Nadhim Zahawi, the new chancellor of the exchequer, may overturn his predecessor Rishi Sunak’s decision to raise corporation tax for small business from next April.
